The National Housing Bank is intensifying its scrutiny of housing finance companies due to breaches in loan-to-value regulations, particularly for high-value home loans exceeding ₹75 lakh. Lenders are found to be disbursing loans up to 90% LTV, violating the stipulated 75% cap.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51